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Author Topic: Why people sell bitcoins?  (Read 9878 times)
neo444
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February 11, 2018, 04:47:59 PM
 #1501

Is not a great idea for the people who sell bitcoins now because his price is low
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HimalaCryptoo
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February 11, 2018, 04:57:57 PM
 #1502

They sell bitcoin because they need money. Maybe they see enough. Also, they may not believe in bitcoin anymore.
bilal_jan321
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February 11, 2018, 05:12:02 PM
 #1503

Worldwide, especially in my place, must sell it for profit rather than always keep it!
The government always forbids the use and play bitcoin so that it can not grow fully potential in my place. Surely it remains an advantage if there is a transaction rotation for bitcoin in my country to live.

There is no hard and fast rule to sell or HODL. usually traders buy at dip and sell on high. while investors hold for long period.

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siddu1
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February 11, 2018, 05:15:14 PM
 #1504

Sometimes people sell their bitcoin for their daily needs  and sometimes for any other thing also.Sometimes peoples selll their bitcoin when bitcoi price increases.These selling routine varies from people to people.
shinchan123
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February 11, 2018, 05:36:28 PM
 #1505

Not all of the bitcoin users have the luxury of holding forever regardless of what happens to its value. Many are here to make profit plain and simple. Some actually use part of their everyday budget (not their savings) to invest in cryptocurrency; hence missing out and having losses is not an option. The buy low sell high concept is always present in every situation, I mean, who doesn't like making profit!?
sidebyside
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February 11, 2018, 05:44:49 PM
 #1506

I think many people are selling bitcoin because they are worried its value will continue to fall. Its value has been decreasing continuously over the past few weeks. And they think there will be a collapse. They are selling bitcoins to recover capital. .

ReginaldMalone684
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February 11, 2018, 05:45:54 PM
 #1507

People arwe thinking about the price fall if goes Bitcoin zero thats why for saving atleast capital by selling it. But they do not understand the market.  Bitcoin will recover with healthy amount.
ridwan99
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February 11, 2018, 05:56:18 PM
 #1508

Bitcoin is like a business ……it is digital business …..so Many people are investing in Bitcoin ….when he need to money…….Bitcoins are sold if a person needs money or simply if the current price suits him.
Kupid002
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February 11, 2018, 05:59:43 PM
 #1509

Not all of the bitcoin users have the luxury of holding forever regardless of what happens to its value. Many are here to make profit plain and simple. Some actually use part of their everyday budget (not their savings) to invest in cryptocurrency; hence missing out and having losses is not an option. The buy low sell high concept is always present in every situation, I mean, who doesn't like making profit!?

so this is may always depends on a person whether they wanted to hold it for a long time this is hard to take for that we have to hold it just to have some profit that we wanted to have but if this is what we wanted to have for is to have this then take this risk for cause this is what we have to do then if this is so you as a person you can have that profit that you wanted to have for. and some just wanted to have profit only then they are able to sell it for what they wanted for.

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kadutz25
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February 11, 2018, 06:05:30 PM
 #1510

why people sell bitcoin? I think because I have seen a clear profit and sell bitcoin for profit and also why sell bitcoin? Perhaps because of the sudden costs and the need for money then bitcoin is then sold
galaxing
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February 11, 2018, 06:11:46 PM
 #1511

In my opinion, why the government forbids bitcoin, because the government is afraid, using bitcoin for the worse direction, such as firearms transactions, and drug transactions.
Therefore, the government prohibits the existence of bitcoin.
But I always believe, if bitcoin will be more developed again.
Why do people sell bitcoin?
Because, have arrived (the price is suitable for sale), I think if it seems to lose, will survive, will not sell it
bellanas
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February 11, 2018, 06:15:38 PM
 #1512

Many people are afraid that bitcoin may fall heavily in price, so they are reinsured. Someone simply displays funds for current expenses and needs.
daniweb
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February 11, 2018, 06:18:32 PM
 #1513

When I first got into bitcoin I've told myself I won't sell unless I needed the money. Until now I only sold 1 time because I had a financially urgence. Keep it and consider it a long term investment
jmiro1
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February 11, 2018, 06:21:27 PM
 #1514

May I ask where are you from? Ok let's get back to the topic. Why do you think people are "Selling" bitcoins? Is it an object? No, it's a currency. People "Spent" a currency, don't "sell" them. Suppose you sell it to USD. And now, what if I told you, you bought some USD with Bitcoins? Would you call that selling? I won't.
Boristhecat
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February 11, 2018, 06:30:02 PM
 #1515

May I ask where are you from? Ok let's get back to the topic. Why do you think people are "Selling" bitcoins? Is it an object? No, it's a currency. People "Spent" a currency, don't "sell" them. Suppose you sell it to USD. And now, what if I told you, you bought some USD with Bitcoins? Would you call that selling? I won't.
Good clarification!
People shift their assets from one species to another for various reasons. The main thing is that for them the asset that they buy becomes (for various reasons) more valuable than it can be bought on the market.
ogtejiri
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February 11, 2018, 07:20:31 PM
 #1516

The reason why people sell bitcoin is because nobody wants to risk loosing his/her investment.The only way out is by selling it off...
eolitic
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February 11, 2018, 07:45:34 PM
 #1517

i am sure that people who are not very informed about crypto currency and crypto world in general. the thing is that bitcoin is becoming more and more popular every day. and more and more people are buying it cause it's a nice way to earn money. but then when the correction of the price occurs they panic ad sell their ownings.
Zast
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February 11, 2018, 08:05:07 PM
 #1518

It could be many reasons, but there are two most frequent: emotional one, cause of fear and vital one, cause of needs.  Smiley
9emb3lelit3
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February 11, 2018, 09:49:23 PM
 #1519

necessities of life, that's my opinion. we live definitely need food, roads, houses, cars, and others, if we have savings dibitcoin and we are in need of money to membisiyakan whatever it is, sell our bitcoin it to membiayakan our needs.
xCryptoManiaX
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February 11, 2018, 09:50:57 PM
 #1520

Lmao what do you mean "why"... People want to take profits, people might need money. There are shit ton of reasons.

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